Mission, KS—66202
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mission, KS
As of Oct '25, the median home price in Mission, KS is $307,000, with a year-over-year change of 2.1%. This indicates that home prices in Mission, KS are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $307,000 | 2.1% |
| Single Family | $313,000 | 2.6% |
| Condos | $174,000 | 1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $258,000 | 3.6% |
3 Bed | $318,000 | 2.3% |
4 Bed | $392,000 | 2.3% |
| 5 Bed | $492,000 | 2.5% |
% of Housing Stock
Rental Trends — Mission, KS
As of July '25, Rentcast reports the average rent in Mission, KS is $1,490, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Mission, KS is studios: $1,240, 1-bedrooms: $1,120, 2-bedrooms: $1,440, 3-bedrooms: $1,960, 4-bedrooms: $2,390. The most common rental property sizes in Mission, KS are 2-bedroom and 1-bedroom, accounting for 42.0% and 38.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,420 | $1,490 |
| Studio Rent | $1,140 | $1,240 |
| 1 Bed Rent | $1,120 | $1,120 |
| 2 Bed Rent | $1,420 | $1,440 |
| 3 Bed Rent | $1,950 | $1,960 |
| 4 Bed Rent | $2,480 | $2,390 |
% of Rental Stock
Property Listings — Mission, KS
As of Oct '25, Realtor.com reports that the median days on market for a home in Mission, KS is 35. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $338,000 | 1.0% |
Listing Count | 48 | -2.0% |
| Listings as % of Homes | 0.2% | -2.0% |
Days on Market | 35 | 1.0% |
Demographics — Mission, KS
As of the latest ACS Survey released in 2023, Mission, KS has a population of 17,300, which has increased by 7.0% over the past 5 years. Mission, KS is a moderately popular place for families, as children make up 16.6% of the population. The area has a highly educated workforce, with 50.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,300 | 7.0% |
% Under 18 | 16.6% | -2.4% |
% Seniors | 16.9% | 33.1% |
% WFH | 16.4% | 320.5% |
% w/ College Degree | 50.8% | 4.7% |
As of the latest ACS Survey released in 2023, Mission, KS is a predominantly white area, with 76.6% of the population identifying as white. The white population has grown by 0.9% in the last 5 years. The second most common race or ethnicity in Mission, KS is hispanic, making up 11.5% of the population. Foreign-born residents account for 6.9% of the population in Mission, KS, and this percentage has decreased by 28.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.6% | 0.9% |
% Black | 7.4% | -12.9% |
% Hispanic | 11.5% | 23.7% |
% Asian | 1.3% | -61.8% |
% Foreign Born | 6.9% | -28.1% |
Mortgage and Risk — Mission, KS
According to HUD data as of 2023, there were 325 mortgage originations in Mission, KS, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Mission, KS. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 325 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Mission, KS
As of 2024, the percent of homes in Mission, KS under the Section 8 program is 4.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Mission, KS, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 201 |
Total Units Section 8 | 201 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 89.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $1,120 | $1,160 |
| 2 Bedroom | -$100 | $1,420 | $1,320 |
| 3 Bedroom | -$230 | $1,950 | $1,720 |
| 4 Bedroom | -$440 | $2,480 | $2,040 |
Affordability — Mission, KS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $307,000 |
| Median Household Income | $72,100 |